PACCAR Research and Development Expenses 2010-2023 | PCAR

PACCAR annual/quarterly research and development expenses history and growth rate from 2010 to 2023. Research and development expenses can be defined as an expense arising from studies and product development processes.
  • PACCAR research and development expenses for the quarter ending December 31, 2023 were $0.109B, a 9.01% increase year-over-year.
  • PACCAR research and development expenses for the twelve months ending December 31, 2023 were $0.411B, a 20.43% increase year-over-year.
  • PACCAR annual research and development expenses for 2023 were $0.411B, a 20.43% increase from 2022.
  • PACCAR annual research and development expenses for 2022 were $0.341B, a 5.28% increase from 2021.
  • PACCAR annual research and development expenses for 2021 were $0.324B, a 18.33% increase from 2020.
PACCAR Annual Research and Development Expenses
(Millions of US $)
2023 $411
2022 $341
2021 $324
2020 $274
2019 $327
2018 $306
2017 $265
2016 $247
2015 $240
2014 $216
2013 $251
2012 $279
2011 $288
2010 $239
2009 $199
PACCAR Quarterly Research and Development Expenses
(Millions of US $)
2023-12-31 $109
2023-09-30 $104
2023-06-30 $101
2023-03-31 $97
2022-12-31 $100
2022-09-30 $83
2022-06-30 $80
2022-03-31 $78
2021-12-31 $87
2021-09-30 $73
2021-06-30 $84
2021-03-31 $80
2020-12-31 $72
2020-09-30 $65
2020-06-30 $67
2020-03-31 $71
2019-12-31 $84
2019-09-30 $82
2019-06-30 $83
2019-03-31 $78
2018-12-31 $81
2018-09-30 $73
2018-06-30 $77
2018-03-31 $76
2017-12-31 $71
2017-09-30 $67
2017-06-30 $66
2017-03-31 $61
2016-12-31 $68
2016-09-30 $59
2016-06-30 $61
2016-03-31 $60
2015-12-31 $67
2015-09-30 $58
2015-06-30 $59
2015-03-31 $56
2014-12-31 $63
2014-09-30 $51
2014-06-30 $50
2014-03-31 $53
2013-12-31 $61
2013-09-30 $57
2013-06-30 $62
2013-03-31 $72
2012-12-31 $66
2012-09-30 $67
2012-06-30 $74
2012-03-31 $72
2011-12-31 $72
2011-09-30 $70
2011-06-30 $78
2011-03-31 $68
2010-12-31 $65
2010-09-30 $60
2010-06-30 $58
2010-03-31 $55
2009-12-31 $51
2009-09-30 $43
2009-06-30 $53
2009-03-31 $52
Sector Industry Market Cap Revenue
Auto/Tires/Trucks Auto Manufacturers - Domestic $59.611B $35.127B
PACCAR Inc. is a leading manufacturer of heavy-duty trucks in the world and has substantial manufacturing exposure to light/medium trucks. It also designs and manufactures diesel engines and other powertrain components for use in its own products and for sale to third party manufacturers of trucks and buses. Besides supplying aftermarket parts, PACCAR also offers finance and leasing services.PACCAR Trucks distributes premium trucks under the Kenworth and Peterbilt nameplates in the United States and Canada. The company operates in the European light/medium market under the DAF nameplate through its wholly owned subsidiary, Leyland, in the U.K. The company also exports the DAF vehicles to the Middle East, Australia and Africa. PACCAR International distributes the Kenworth, Peterbilt and DAF trucks outside their primary markets in over 100 countries. The Kenworth nameplate is also marketed and distributed by foreign subsidiaries in Mexico and Australia.
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